Refurbish Mining Equipment Business For Sale

Business description

This mining industry business is booming and forecast looks extremely good. This is a long standing company with a good reputation and great employees that are experts in the industry. This company has been established for over 50 years and has built a solid customer base. They refurbish and repair used mining equipment. Services include but are not limited to; personnel curriers, coal cutters, coal diggers, any coal mining equipment and more. The owner is preparing an exit strategy due to age and has agreed to stay on through a reasonable transition period to acclimate you to the business, the employees and the clientele. Call now for details on this great business opportunity.

Property information

Real Estate:

Real Property Included

Location:

These owned and included 37 plus acres are high and dry and conducive to this business. 33 acres are wooded and approximately 4 acres are used for the business. The facility is 13,500 sq. ft. with 1824 sq. ft. of office space. The business can not be relocated. It is in good overall condition and can be expanded.

Other information

Expansion potential:

Growth and expansion could be obtained by hiring an outside sales rep to generate new accounts. The business has the tools and equipment to work on about anything in the mining industry. Increasing the skilled employees that actually build equipment would develop new profit centers for the company.

Competition / Market:

There is very little competition in this area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement

Financing available:

There is no owner financing available.

Furniture / Fixtures value:

$158,000 (included in the asking price)

Inventory / Stock value:

$125,000 (included in the asking price)